Please help support WRH by visiting our advertisers!

THOUGHT FOR THE DAY!

"I am strongly in favor of using poisoned gas against uncivilized tribes. The moral effect should be good...and it would spread a lively terror.... "-- Winston Churchill commenting on the British use of poison gas against the Iraqis after World War I

 

The Dow Plunges ... and it is starting to resemble the Mariana Trench.

It looks like the market didn't seem too impressed with the Congressional $700 Billion Bailout also known as the "ginormous power grab by the US Treasury Secretary to buy lots and lots of worthless paper assets for an enormously obscene sum of taxpayer money in order to save a bunch of rich financial weasels who made some very bad business decisions because they were initially encouraged to do so by extremely reckless public policy changes included in the "Community Reinvestment Act" passed by Congress in the 1990's.

Comments

Trench?

justice

I wish!
At least the Mariana Trench is warm and cozy,with natural energy,and life buzzes down there!
The DOW is more like John McInsanes SOCK draw.
Full of stale,smelly,old scaly dead things!

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.